Feasibility Study
An analysis that assesses the practicality and potential success of a proposed project or system.
7 topics found for
“project viability”
Business Viability
The potential for a project or solution to be economically sustainable and profitable.
Technical Feasibility
The practicality of implementing a solution based on technical constraints and capabilities.
Escalation of Commitment
A cognitive bias where individuals or organizations continue to invest in a failing project or decision due to the amount of resources already committed.
Viability Risk
The risk that the product will not be financially or strategically sustainable for the business, potentially leading to a lack of support or profitability.
PoC
Proof of Concept (PoC) is a demonstration, usually in the form of a prototype or pilot project, to verify that a concept or theory has practical potential.
Risk Management
The process of identifying, assessing, and mitigating potential threats that could impact the success of a digital product, including usability issues, technical failures, and user data security.